Skip to main content

What makes a world class university

...But what makes a university world class?

In my view, four factors make a university world class. First, it must show a commitment to breadth and excellence in all fields of human inquiry, not simply in a particular niche...

Second, world class universities engage in cutting-edge research whilst at the same time teaching the next generation, their students...

Third, great universities must allow their researchers the freedom to experiment, succeed, and sometimes fail. They must be able to make grand mistakes as well as grand discoveries...

Finally, world class universities have permeable boundaries. This means encouraging interdisciplinary research and teaching; it means working with the private sector, for example, fostering and encouraging partnerships with industry; and it means encouraging international collaboration...

Alison Richard; read the complete article here.

Comments

raj2885 said…
One very important thing that is missing here is, a world class university almost always maitains an amicable relationship with its passouts. These "ex" act as a major source of grants for the universities' research programs or for that matter even for the development of its infrastructure.

This is evident in the case of major universities like the ones in the Ivy league or closer home the IITs and the IIMs.
Ray Titus said…
Raj...I agree...Alumni networks add value to institutions...

Popular posts from this blog

Situational Involvement of Consumers

There are two types of involvement that consumers have with products and services, Situational and Enduring. Situational involvement as the term suggests, occurs only in specificsituations whereas Enduring involvement is continuous and is more permanent in nature.

Decisions to buy umbrellas in India are driven by the onset of Indian monsoon. Monsoon rains arrived in India over the South Andaman Sea on May 10 and over the Kerala coast on May 28, three days ahead of schedule. But then, after a few days of rain, South India is witnessing a spate of dry weather. Temperatures are soaring in the north of India. The Umbrella companies in the state of Kerala are wishing for the skies to open up. So is the farming community and manufacturers of rural consumer products whose product sales depend totally on the farming community. The Met. department has deemed this dry spell as 'not unusual'.

India's monsoon rains have been static over the southern coast since last Tuesday because of a…

Prior Hypothesis Bias

Prior Hypothesis bias refers to the fact that decision makers who have strong prior beliefs about the relationship between two variables tend to make decisions on the basis of those beliefs, even when presented with the evidence that their beliefs are wrong. Moreover, they tend to use and seek information that is consistent with their prior beliefs, while ignoring information that contradicts these beliefs.

From a strategic perspective, a CEO who has a strong prior belief that a certain strategy makes sense might continue to pursue that strategy, despite evidence that it is inappropriate or failing.


Ref : Strategic Management : An Integrated Approach, 6e, Charles W L Hill, Gareth R Jones

Consumer Spending

Carpe Diem Blog: From Visual Economics, a graphical representation appears above (click to enlarge) of Consumer Expenditures in 2007, using data from the Bureau of Labor Statistics. Note that total spending on food ($6,133), clothing ($1,881) and housing ($16,920) represented 50% of consumer expenditures and 30% of income before taxes in 2007. In 1997 by comparison, 51.1% of consumer expenditures were spent on food, clothing and housing, and 44.6% of income before taxes was spent on food, clothing and housing (data here).